About PPI

Payment Protection Insurance may have been sold to you when you took out any kind of loan (Mortgages, Secured Loans (against property), Unsecured Loans and Hire Purchase Agreements (car or purchases).

It is a protection insurance sold to cover your monthly payments in case you have an accident, fall sick or become unemployed.

A single premium policy (also known as loan funded) means that you pay the full amount of the insurance up front. This is normally added to the debt, which means you end up paying interest for the term of the loan.

Say for example , you took a loan of £5000, the insurance cost £1500, the total amount borrowed is £6500 and this is what you pay interest on. Most policies have a term of 5 years or less. However, if the term of the loan is longer, you will still be paying interest even when the policy is no longer covering you.

Ever had a loan, mortgage, credit card or store card?
Then you may have been mis-sold Payment Protection Insurance (PPI) and could be owed £1,000s.

Are you victim of mis-selling?
You could claim back £1,000s!

"The companies listed below do not provide PPI therefore you would not be able to make a claim" Churchill Insurance, FLM loans, Friends Provident, Greenwood Personal Finance, Provident Personal Credit, Pruprotect, Vanquis.
*If you are currently in Bankruptcy or have an IVA (Individual Voluntary Arrangement) any refund would go towards that debt.*